Barrick Gold Corp
Company Profile
Business description
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2023, the firm produced nearly 4.1 million attributable ounces of gold and about 420 million pounds of copper. At year-end 2023, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.
Contact
161 Bay Street, Brookfield Place
Suite 3700, P.O. Box 212
TD Canada Trust Tower
TorontoONM5J 2S1
CANT: +1 416 861-9911
Sector
Basic Materials
Stock type
Cyclical
Industry
Gold
Fiscal Year End
31 December 2024
Employees
24,600
Morningstar Investment Ideas
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